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Originally Posted by rlauzon
Huh?
That's not what the people in the publishing industry are telling us.
They are saying that of that $7.95 paperback, the author gets about $0.70.
So, if it only costs $1 to print a paperback, costs for the publishers are up to $1.70. That means that the retailer and the publisher are splitting $6.25 per book.
That doesn't seem correct.
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What isn't correct is your assumption here that every book published actually gets sold, which obviously isn't the case. Aside from that, there are also marketing and publicity costs.